HomeMy WebLinkAboutBPW-02-03-99-02 5/3 Purch. AgreRESOLUTION NO. BPW-02-03-99-02
RESOLUTION OF THE CITY OF CARMEL BOARD OF PUBLIC WORKS AND SAFETY
RATIFYING THE CLERK-TREASURER'S EXECUTION OF A MASTER LEASE
PURCHASE AGREEMENT WITH FIFTH THIRD BANK
WHEREAS, the City of Carmel, Indiana (the "City") desires to enter into a Master Lease-
Purchase Agreement ("Agreement") with Fifth Third Bank to finance the purchase of certain equipment
as is more fully described in the Agreement; and
WHEREAS, due to the exigencies of time, on or about January 28, 1999, the Clerk-Treasurer
executed the Agreement on behalf of the City; and
WHEREAS, the City of Carmel Board of Public Works and Safety finds that the Agreement is in
the best interests of the City and desires to ratify the Clerk-Treasurer's execution of same on behalf of
the City.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF PUBLIC WORKS AND
SAFETY OF CITY OF CARMEL, INDIANA, as follows:
The Board hereby ratifies the Clerk-Treasurer's execution of the Agreement on behalf
of the City; and
,
The City hereby agrees to be bound by the terms of the Agreement, which is
attached hereto and made a part hereof by this reference.
Passed and Approved by the Board of Public Works and Safety of the City of Carmel, Indiana,
this 3rd day of February, 1999, by a vote of 3 ayes and 0 nays.
ainard~./~r mde.~
Ma ~ rke Member
~- Biv~l~ly~alker, Mem~~'~ber
Date
Date
ATTEST:
MEMORANDUM
TO:
FROM:
Board of Public Works and Safety
Douglas C. Haney, City Atfy
Resolution No. BPW-02-03~99-02
DATE: April 13, 1999
Dear Board Members:
Enclosed for your signature is Resolution No. BPW-02-03-99-02, as approved by the Board on
February 3, 1999.
DCH/eb
Enclosure